Labor Force

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Labor Force

The portion of a population available for work. For example, if there are 10,000 people in a town including 2,000 children and 3,000 retirees and chronically ill persons, the labor force is the remaining 5,000. The labor force may or may not include unemployed persons who do not wish to work. The unemployment rate is determined by calculating the unemployed persons in the labor force, not the general population.
References in periodicals archive ?
The regression analysis in the paper uses a set of explanatory variables intended to account for the behavioral changes in the aggregate labor force participation rate. The paper outlines and describes the regression in detail; my discussion here focuses on one key explanatory variable--life expectancy of women at age 65 times the share of women age 65 and older in the adult population.
Labor force participation rates, by sex, selected countries, 2007 Men Women United States 73% 59% Canada 73% 63% Australia 73% 59% Netherlands 73% 59% Japan 73% 48% United Kingdom 71% 57% Sweden 70% 61% Germany 66% 52% France 63% 52% Italy 60% 38% Note: Table made by bar graph.
This simulation shows that the most important characteristics contributing to the decline in the labor force participation rate between 2000 and 2005 are the rise in the number of children under age six and the unemployment rate.
The doomsdayers offer a number of factors and trends - the slowdown of population growth, sluggish labor force growth rates, and flattening labor force participation rates.
In 2017, labor force participation rate was at 61.2 percent of the 69.891 million population who were 15 years old and over, which translated to some 42.77 million Filipinos.
The labor force participation rate in the United States has been declining since the early 2000s, reaching a near 40-year low of 62.4 percent in September 2015.
The labor force participation rate is the percentage of the population that is working or actively looking for work.
This growing participation of women in paid work explains the sincere and committed attempts by the government to decline the gender gap in labor force participation rate. It also shows that women are getting better job opportunities of obtaining technical and professional education and therefore getting more jobs.
The labor force participation rates, ranging from 55% to 73%, are highest in Tsirang (72.8%) and Gasa (70.8%), while the lowest rates are found in Trashigang with labor force participation rate of little more than 55% and Thimphu with 56%.
Mosisa and Hippie (2006) focus on the long-term decline in the aggregate labor force participation rate in the United States.
This is because the labor force participation rate, which is the percentage of the labor force within the population aged 15 years and over, has been declining (Chart 2).
The state's labor force continued to grow in October, bringing the labor force participation rate up to 63.3 percent, from 61.3 percent in October 2015, the department said.